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Search Results 0 to 9 of about 10 (some duplicates have been removed)
growth. and conflict with iran could push up energy prices. erika miller, "n.b.r.," new york. >> susie: joining us now with more on what to expect from president obama's state of the union address, david gordon, head of research at the eurasia group in washington d.c. >> so if you heard from our report, david, it's all about the economy. that's the big interest for most americans. what can the president propose tomorrow that will get the economy moving without some kind of big stimulus plan? >> so i think that the president's going to try to do a couple of things. first he's going to call on others to help him. first es he going to call on the congress to do two things. one, avoid the sequester, avoid the job cuts that will come from the sequester. and come to a balanced program on putting budget issues on the sidelines for the rest of this year. two, pass immigration reform so people have confidence, migrant workers have confidence, or security improves, so es's going to ask the congress. second he's going call on business whose balance sheets are in very good shape. he's going to say
was localized in the energy sector, falling 1.1%. the financial sector fell just 0.3%. as i mentioned, this afternoon, a news report about wal-mart hit the broad market and wal-mart shares as well. an executive at the world's largest retail called february sales, quote, "a total disaster," end quote, according to bloomberg. the report said an internal email blamed the slow start to february sales on the increase in the payroll tax that took effect at the first of the year. that had the effect of cutting worker's take home pay by 2%. wal-mart shares fell 2.2%. volume tripled. wal-mart does not publicly report monthly sales figures but the executive's email contends it's the worst start to a month in at least seven years. but worries over wal-mart's sales hit other retail stocks. sears holdings dropped 2.3%. target fell 1.6%. discounter dollar general was down 1.5%. a few other consumer-oriented companies were in focus. the firm behind well known fashion brands like lee jeans, vans shoes and north face jackets had improving profit margins and earnings last quarter. v.f. corporation's ou
think that is what happens, but as it rose, she believes she can take this energy and make the world a better place, and she gets doors slammed in her face constantly. at the end of the season she makes a decision to burn it to the ground symbolically. now this season starts with what is amy going to do. the question is what is a whistle-blower. uni spoke the last time about the cultural apathy who going -- you and i spoke the last time about the cultural apathy that is going on. where are our voices, and does it take someone who is crazy enough and overtly emotional that she will lose her job, lose her marriage, moved back with her mom at 40 just to make sure justice is seen and that we heal. >> i know you are a producer. this is your project. how cool is it -- what is the challenge where you want to entertain us, but you get a chance to address some of the issues that matter to you that are important in the world, the human dynamics of the things we wrestle with, tell me about how you process the opportunity to put that on the page for the character. >> it is a great dream. you fee
of a big donor. and there's fred upton, republican from michigan, chairman of the house energy and commerce committee. what a coincidence. the oil and gas industry is one of his top donors, helping him raise the $4 million dollars he spent last year to win re-election. senator kirsten gillibrand and senator chuck schumer, democrats of new york, have wall street as a constituent and patron. her biggest contributors include jpmorgan chase, morgan stanley, goldman sachs, and law firms that have advised them. his top donors include securities and investment firms, lawyers and legal firms, and lobbyists. and there are fleeting glances of some familiar faces here tonight seen recently on our broadcast. senator mitch mcconnell of kentucky, the republican leader in the senate, republican orrin hatch of utah, and democratic senator max baucus of montana. all cited by "the new york times" as suspects in that mysterious migration of half a billion dollars from taxpayers over to the bottom line of drug companies, especially the pharmaceutical giant amgen. would it surprise you to learn that over the pa
increased their spending last month, partly because of higher taxes, and energy prices. retail sales edged up just 0.1% in january. that's much less than in december. should investors be concerned about weak consumer spending? erika miller reports. >> reporter: consumer spending is watched closely, because it accounts for roughly 70% of economic growth. unfortunately, the latest reading on retail sales is not encouraging. the measley 0.1% gain in january was the smallest increase in three months. even core retail sales, which strips out volatile categories, ticked up just 0.2%. consumers have been cutting back on purchases of cars, clothing, and furniture. but sales did rise at home- improvement stores, gas stations and online retailers. part of the problem is rising prices at the pump. regular unleaded has soared $0.30 a gallon, on average nationwide, in the past month. but more importantly, nearly every working american is taking home less pay this year because of higher payroll taxes. mastercard advisors says there's been a drop in spending across all income levels. >> it's off a cliff.
at big sector movers: telecom stocks were hardest hit, falling 2%. but on the plus side, energy rose slightly. now, let's take a look at some of the day's big earnings reports. whole foods posted a 24% gain in first quarter profits. both sales and margins also improved. but the stock wilted, falling nearly 10% to $87.50. and that's because the company warned of weaker sales and margins for the rest of this year. but that decline was small potatoes compared to the big drop in weight watchers stock, down 17%. earnings plunged in the fourth quarter due to higher costs as well as thinner attendance at its weight loss meetings. the company also warned earnings this year will be far below expectations. "angie's list" was a huge gainer. check out this chart! the company surprised wall street by reporting a fourth quarter profit instead of a loss. that pushed the stock up more than 20%. the online review site was able to cut costs while boosting revenues. angie's also expects first quarter sales to come in ahead of estimates. skechers also swung to a fourth quarter profit thanks to big gains
of it is the industrial policy corporate stuff he has talked about before, helping manufacturers, anybody in green energy, help anybody in exports. he is talking about more government. just because it is coming from barack obama we are supposed to assume it is smarter government? as opposed to just bigger government? it is the same industrial policy he has been laying out for two or three years. >> does obama still have the gift of gab? >> yeah but the problem is the gab goes on for too long and i think people stop listening at some point. so many different programs you almost couldn't follow it at some points. i think he has to simplify, there are some things that must be done to strength ep the economy, it should have been done a couple of years ago but better late than never. infrastructure is one of them, reform of the tax code is another. but he had so many different programs. the one thing i think is really critical in this whole thing is the fact there may be a common market between the united states and the european common market. that would be huge, there would be no taxes to do that. it would a
Search Results 0 to 9 of about 10 (some duplicates have been removed)